by Pater Tenebrarum
A Truism Dies
Hitherto it has always been assumed that Britain’s business community would be a monolithic bloc arrayed against the possibility of the much-dreaded “Brexit”. It seems however that this is not entirely true. We have always thought that a British exit from the EU would be bad for the remaining EU, or rather, its citizens. This is so because a British exit means that a voice arguing in favor of the subsidiarity principle will be lost, which in turn is likely to hasten the erection of a socialist superstate in continental Europe.
[…] However, we could never see why the UK business community in its entirety should be in favor of Britain staying with the EU. After all, the UK isn’t using the euro, so there will be no costs in terms of currency reconversion. If the UK were to simply become a member of EFTA (the European Free Trade Area), it would retain all the advantages of being a member of the common market, while getting rid of the absurd bureaucratic dictates emanating from Brussels. Why on Earth should UK businesses be happy with the flood of regulations spewing forth from the EU Commission every year?